DEWA Reports Record 9-Month Revenue and Profit Growth

Dubai Electricity and Water Authority PJSC (DEWA) (ISIN: AED001801011), the sole electricity and water provider in Dubai, listed on the Dubai Financial Market (DFM), has announced its consolidated financial results for the first nine months of 2025. DEWA reported a total revenue of AED 24.9 billion, EBITDA of AED 13.1 billion, operating profit of AED 8.3 billion, net profit of AED 6.8 billion, and cash generated from operations of AED 15.2 billion.

HE Saeed Mohammed Al Tayer, Vice Chairman and MD & CEO of DEWA, stated, “Aligned with the vision of our wise leadership, DEWA has achieved its strongest year-to-date performance in history. Revenues for the first nine months have approached AED 25 billion, while operating profit has surpassed AED 8.3 billion, highlighting the resilience and efficiency of Dubai’s utility model and the disciplined execution of our strategic initiatives.”

He added, “As Dubai continues its growth trajectory, DEWA is expanding reliable, efficient, and future-ready systems—from clean energy generation and water security to grid digitalization and intelligent storage solutions. Our focus is on building infrastructure that is not only more efficient and reliable but also smarter and sustainable. Based on the strong performance in the first three quarters, we anticipate that full-year 2025 results will exceed 2024 outcomes, driven by robust demand, state-of-the-art infrastructure, and operational excellence.”

DEWA continues to prioritize strategic investments in clean energy and digital transformation, reinforcing Dubai’s position as a global leader in the utility sector. In October 2025, the company also paid a dividend of AED 3.1 billion for the first half of the year.